Wholesale 2-Unit with LEGAL Basement Apartment Available

  • $589,900
  • 4 beds
  • 2 baths
  • 994 sqft

Who’s looking for a great deal? You choose how you want to profit…

1) Nice rental property. Renovate, Rent, Refinance. It’s already a legal 2-unit so the reno will be a lot easier.
2) It’s a profitable fix & flip opportunity for the right buyer who can keep expenses low.

SUMMARY:
– LOCATION: Ajax (Bayly & Pickering Beach Rd)
– PURCHASE PRICE: $589,900 Or Best Offer
– AFTER REPAIR VALUE: Couple recent sales over $700,000.
– CLOSING: March 19, 2021 (This is an assignment sale.)
– TYPE: Semi-Detached Bungalow
– BEDS/BATHS: 3 + 1 Bed, 2 Bath
– BASEMENT: Legal Basement Apartment
– PARKING: double driveway with 4 spots + detached 1.5 car garage
– SQFT: 994 sqft (Just round up to 1000!)
– LOT: 37.5′ x 115′
– AGE: 1957
– PROPERTY TAX: $3,840
– RENTS: $3000-$3500 (Vacant possession will be given)

RENOVATIONS NEEDED:
– The Upper Unit needs a full cosmetic reno (new kitchen, bathroom, flooring, etc)
– Some junk and furniture removal
– AC is old
– Please look at the pictures for more ideas.

GOOD NEWS:
– It has a LEGAL basement apartment that was updated in 2016, but could use some updates again. Legalized in 2009. Which means the hard work has already been done!
– Roof and windows look good and are around 10 years old.
– Furnace is under 5 years old.
– Big Garage
– Lots of parking

Please let us know if you want to view it or if you want us to get you details. (Comparable sales, MPAC info, and more…)
Thank you,
Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

PS. Do you want to get notified of these deals before everyone else? PUSH HERE to get notified about these deals as soon as they become available.

Price:
$589,900
Address:
Ajax, ON
Square Feet:
994
Lot Size:
37.5' x 115'
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1957

Call (647) 557-5979 for more details